Boca Chica Property for sale

7/24/2008 - www.sheridanjonessl.com

FOR SALE a splendid Apartment situated in Boca Chica Boca Chica Dominican Republic . Property posted by www.sheridanjonessl.com at 36,750 GBP as at 24 July 2008. This Apartment, contains 1 beds and 1 baths , is 54 sq m . Ref: BC001. Apartment Complex entrance Boca Chica Beach Golf Courses Houses

Apartment in Boca Chica Boca Chica, Dominican Republic

Property in Boca Chica | Property in Dominican Republic | Back

Bedrooms: 1

Bathrooms: 1

Size: 54 sq m

Price: 36,750 GBP

(EUROS) € 45,831
(GBP) £ 36,750
(US) $ 72,794

Finance this property from 109.33 GBP (€ 136.35/ £ 109.33/ $ 216.56) per month - see our Dominican Republic mortgages info

Apartment Description

Low entry price and great rental income

Reception and administration to organise housekeeping and key holding

Lowest prices in the Caribbean

Strong demand for holiday apartments in this area, which are in shor

This exciting new build project comprises 208 1 and 2 bedroom apartments, 12 town houses and 20 duplex apartments located in Boca Chica on the south coast of the Dominican Republic.
Mar del Rey offers you the opportunity to purchase the Caribbean home of your dreams very close to spectacular beaches, exclusive yacht club and marina and two World-class golf courses.
All this at less than a third of the price of similar Caribbean developments.

Mar del Rey is an exclusive residential complex located 10 minutes from Las Americas International Airport and only a few minutes from the beautiful crystalline water and white sand beaches. The complex has been designed with international purchasers in mind together with an excellent entry price. From the complex it is 10 minutes to the best golf courses of Santo Domingo and 5 minutes to the shopping malls, casino, restaurants and the marina and yacht club.

Excellent tourist infrastructure, hospitals, banks, stores, clubs and much more add to the pleasant and relaxing atmosphere in this gem of the Caribbean already boasting strong investment from Europeans and North Americans.

Golf

There are two world class, 18 hole golf courses within 15 minutes of the complex.

Guavaberry Country Club
A 7,156 yard, Par 72, Gary Player signature course

Los Marlins Golf Club
A 7,191, Par 72 course designed by Charles Ankrom

Boca Chica is only 20 minutes from Santo Domingo, the Dominican capital giving investors a dual rental market, European and American holidaymakers as well as locals escaping the city for long weekends.

The proximity to Santo Domingo also ensures strong capital growth, encouraged by constant local demand for resort properties in addition to the inflow of expatriate investors.

• Low entry price and great rental income Reception and administration to organise housekeeping and key holding

• Lowest prices in the Caribbean
• Excellent resale potential due to the location
• Strong demand for holiday apartments in this area
• Continual demand for rentals and resales from both international buyers and the local population – as it is only 20 minutes to the capital, Santo Domingo

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Dominican Republic Mortgages: Example for REF BC001

( Apartment in Boca Chica Boca Chica, Dominican Republic )

Interest only mortgage

Example APR = 5.1 %
Example Mortgage Term = 30 years
30% Deposit = 11,025 GBP
70 % Financed = 25,725 GBP
Monthly mortgage repayment = 109.33 GBP (€ 136.35/ £ 109.33/ $ 216.56)

Capital repayment mortgage:

Example APR = 5.1 %
Example Mortgage Term = 30 years
30% Deposit = 11,025 GBP
70 % Financed = 25,725 GBP
Monthly mortgage repayment = 139.67 GBP (€ 174.18/ £ 139.67/ $ 276.66)

Correct as at Wednesday, August 20, 2008